Inflation Rates Control the Movement of Markets
MARKET NEWS SUMMARY US stock indices rose at the end of trading on Monday, as investors turned their attention to the expected inflation data. Attenti...
A Week Full of Important Economic Data
MARKET NEWS SUMMARY The Dow Jones index rose by 0.5%, that is equivalent to about 170 points, in Friday session, to close at 33,869 points, and the S&...
Gold is Losing its Lustre and Stocks are Falling
MARKET NEWS SUMMARY Yahoo announced that it plans to lay off 20% of its workforce by the end of this year, with 1,000 jobs shed this week alone. US in...
The Dollar Stabilizes and Corporate Profits Are Higher Than ...
MARKET NEWS SUMMARY The Walt Disney Company posted quarterly earnings and revenue that were higher than analysts’ expectations, while the number...
Oil Continues to Climb, and the Dollar Is Trying to Consolid...
MARKET NEWS SUMMARY Goldman Sachs believes the odds of the US economy slipping into a recession over the next 12 months have fallen to 25%. On Tuesday...
You Don’t Have a Recession When You Have 500K Jobs
Market News Summary Monday (February 6th), US Treasury Secretary Janet Yellen said that she sees a way to avoid a recession in the United States, wher...
Oil Continues Its Losses and Investors’ Attention is T...
The US economy added 517,000 jobs last month, the highest level since July last year, and the unemployment rate fell to 3.4%, its lowest level since 1...
Gold Continues Its Bullish Trend After Powell’s Rema...
Market News Summary US indices recorded a collective rise at the close of Wednesday’s session after the US Fed’s decision. Moreover, Wall Street witne...
Fed’s Meeting to Conclude Interest Rate Today
Market News Summary Markets are preparing for the Federal Reserve meeting today to set interest rates. The Fed is expected to raise 25 basis points. M...